Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

201 Ocean Avenue 1105B

Santa Monica, CA, 90402

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$799,999

MLS: 26634623

Beds

1

Baths

1

Sq Ft

868

Lot

1.33 ac

Year Built

1971

MLS #

26634623

Days on Market

41

Listed

Jan 6, 2026

Description

Welcome to Santa Monica's premier oceanfront residence, perfectly positioned adjacent to the iconic Santa Monica Beach and Palisades Park. This beautifully updated, quiet, back-facing unit showcases breathtaking views of the Santa Monica Mountains. Blending resort-style amenities with sophisticated urban living, this home offers a truly elevated lifestyle experience. Enjoy serene mountain vistas from your private 11th-floor retreat. Exclusive building amenities include a state-of-the-art fitness center with sauna, pool and spa, 24-hour concierge and security, valet parking, and optional maid service all designed for comfort and convenience. Ideally located near Santa Monica's finest dining, shopping, and entertainment along Montana Avenue, Third Street Promenade, and Ocean Avenue, you'll find everything you need just moments away. Inside, discover a spacious open-concept floor plan perfect for entertaining, featuring wood flooring, a private balcony, and a modern kitchen with stainless steel appliances and custom cabinetry. Experience the quintessential Santa Monica lifestyle at Ocean Towers a residence that defines luxury coastal living.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Nicole Wagner · Power Brokers

Payment estimate

$5,857

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $80,000 · Loan: $719,999

%
Principal & Interest
$4,424
Property tax (1.25%)
$833
Homeowners insurance
$300
Mortgage insurance
$300
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $28,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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